Panhandle Restaurant for Sale $1.4 Million Sales, 3% Rent - Business for Sale
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Independent Restaurant with Bar in Tallahassee, FL
Tallahassee, FL, US
Added today
Food & Beverage, Retail Stores, Entertainment, Leisure, & Recreation
13 years in business
RemoteAbsentee / Semi-Absentee
Independent restaurant with indoor and outdoor seating, a full liquor license, and established brand recognition located in Tallahassee, Florida.
Key Information
Asking
$549K
Revenue
$1.2M
Earnings
$166K
Multiple
3.3x
Key Highlights
- 13 years in operation
- 2,200 sq ft location with 88 guest occupancy
- Monthly rent: $2,750 (approximately 3% of sales)
- Full liquor license and commercial kitchen
- Indoor and outdoor seating
- Business is relocatable
- Trained staff in place; owner currently part-time
Contact Info
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